Latvia

EU-Singapore - a boost for jobs and exports in Latvia

Businesses of all sizes in towns and cities across Latvia already export a wide range of goods and services to Singapore.

The EU-Singapore trade agreement will make it easier and cheaper for them to do so.

 

Companies and jobs

111 The number of Latvian companies that export to Singapore.

83% The share of EU companies exporting to Singapore that are small and medium-sized enterprises.

44,000 The number of persons employed by Singaporean companies in the EU.

 

What kind of products does Latvia export to Singapore?

Companies across Latvia export goods and services to Singapore.

 
 

Exports and Imports

Latvia and Singapore already have a close trading relationship. The EU-Singapore trade agreement will give it a big boost.

26th Singapore is Latvia's 26th biggest trade partner outside the EU.

€5 m The value of Latvia's trade surplus with Singapore.

€16 m The value of Latvian exports to Singapore.

€11 m The value of Latvian imports from Singapore.

 

EU trade agreements benefit companies and communities

 
 
Sources
  • Products: Dun and Bradstreet, 2018. The product examples are drawn from a sample of all EU companies exporting to Singapore.
  • Companies: Statistics on international trade in goods by enterprise characteristics, Eurostat, 2015 (latest available year).
  • Jobs: European Commission, Eurostat. Figures based on latest available data (2014).